Hi everyone
Got 6 signals this week.
3 to go short - OST ERA and CXP
3 to go long - RMD JBH and BKN
RMD will be ignored because the health sector is below 30 week WMA
JBH will be ignored as the consumer discrection sector is below 30 week WMA
BKN will be ignored because the industrial sector is below 30 week WMA
That leaves OST, ERA and CXP. Problem is that taking all those signals will take my heat up higher than my trading plan allows.
I need to generate fewer signals. Will ponder this dilemma and come up with a solution before placing any trades on Monday.
Will need to move my stop on GUD to $8.89.
enjoy the weekend
Sharon
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